I made a loan on a park a few years back and it got condemned and need hundreds of thousands ot get it back up and running in the mean time all the homes had to be moved or vacated.. nightmare on elm st.If it has city utls at the street I would factor in converting it into the buy price. just because you have explosive growth does not mean a park will fill takes the right kind of folks that want to live in a park in the first place.Of ocurse if you make it a A to B park it is easier.. pictures I saw had some single wides at least that's what I thought I saw when I glanced at it.good luck

After raising the value of the property (meaning I could sell at any time for a profit), then I start looking to put money in my pocket and to establish a decent trailing 12 in case I plan to sell.At 240K for 8 units you're only paying 30K/unit which is much less than current industry average (unless your property is located in a town like Clinton, SC where it's mainly section 8 and slum housing with no trends towards job growth).This property is definitely worth pursuing.

These would be my secondary choices due to less potential for appreciation and rental growth in my opinion.

3)  Where have you seen the most population and job growth in these areas?

In any case, thanks so much to BP because BP has been tremendous in my growth as a real estate investor and as a source of accountability for the providers I would like to engage.

When it comes to business Rich, I am someone who can be counted on to create growth and increase value.

No job growth.

Part of the impetus for this idea was something I heard on our local NPR station about the city incentivizing development because our population growth is far outpacing our supply.

It's a stable C class rental market with plenty of job growth predicted. 

Can anyone tell me what they know about that area and which areas are seeing growth vs areas not to touch?